income tax department
Benami properties worth Rs 4,300 cr attached, says govt
The I-T department has set up 24 dedicated Benami Prohibition Units across India.
Income Tax Department set to collect over Rs 60,000 crore
State-owned NMDC Limited and Andhra Bank have been the top corporate tax payers in the region.
Rs 160 Cr cash, 100 kg bullion recovered after I-T raids on TN contracting firm
The searches were launched on premises of Ms SPK and Company, partnership firm engaged in road-highway construction, on contract from govt.
Income Tax to scrutinise 50 high net-worth individuals for buying Nirav Modi jewellery
The I-T dept said that discrepancies of concealed cash payments were found, which in some cases may be in several lakhs.
Fraud deals worth Rs 15crore by Yogendra Yadav kin under lens
This transaction is under investigation now, they said.
I-T dept sells part of Cairn shares to recover retro tax
The income tax department had seized nearly 10 per cent of Cairn's shareholding.
Indian Air Force spent Rs 29 crore to ferry currency after demonetisation: RTI
Post-demonetisation, the RBI had spent Rs 7,965 crore in 2016-17 on printing the new Rs 500 and Rs 2,000 notes.
IT Department expedites clearance of pending issue of refunds
More than Rs 70,000 crore of refunds have been issued to the taxpayers as a result of the special drive.
I-T dept launches ‘instant’ Aadhaar-based PAN allotment for limited time
The new PAN, obtained by this mechanism, will have same name, DOB, gender, mobile number and address that is present in person's Aadhaar.
IT Dept detects Rs 10,767 cr undisclosed income during fiscal 2017-18
Official said action is being taken in more than 6000 cases by the assessing officer.